Picking the Right Financial Spreading Software for Your Business

Manually entering the financial statements and creating charts is extremely tedious and could easily spend days of an analyst. Choosing the right software can streamline the workflow and make investment / financing decisions faster and easier.

Key functions that a full-fledged financial spreading software should equip:

1. Identifying insights within financial text

Being able to convert these figures within text into data will be a unique feature that is not easily sourced in the market. Using SuperAcc is a shortcut to extract key performance figures in management discussion and footnotes, turning figures into insights to provide a full picture of a company's performance.

2. Generating charts for analyzing accounting ratios

Business decision should be made in a timely manner. A clear visual overview of the company’s financial health and operating metric is the best starting point of a detailed analysis and investigation

3. Analyzing company with multiple subsidiaries

Consolidate multiple subsidiaries involves tedious work - eliminating intercompany transactions, standardize different accounting representation, etc. A financial spreading software should be adapted to different accounting standard, currencies, company structures.